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U.S. corn and soybean futures rise as Brazil's new tax package prompts farmers to hold onto grain, potentially boosting demand for alternative sources.
Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.
* Wheat loses momentum on Russian rain forecasts * Corn pressured by lower wheat prices * Soy down on technical trading and... -May 29, 2024 at 12:11 pm EDT - MarketScreener
By Kirk Maltais --Corn for July delivery rose 0.7% to $4.50 1/4 a bushel, on the Chicago Board of Trade on Wednesday, bouncing as traders consider the potential impact of weather in the U.S....
By Kirk Maltais -- Corn for May delivery rose 1.6% to $4.34 3/4 a bushel on the Chicago Board of Trade on Friday, with traders digesting Thursday's WASDE report while grappling with higher...